asset management News

Generali and Natixis Forge a New Path in Asset Management with a €1.9 Trillion Venture

Generali and Natixis Investment Managers are joining forces to create Europe's second-largest fund management entity, managing a €1.9 trillion portfolio. This 15-year partnership, ...

BlackRock Reports a Stunning 23% Revenue Jump to $5.68 Billion in Q4 2024

BlackRock Inc. announced a 23% revenue increase to $5.68 billion in Q4 2024, with a 16% rise in EPS to $10.63. The firm's net income grew by 21% to $1.67 billion, and AUM reached $...

BlackRock's Future Leadership Shaken as Key Executive Mark Wiedman Announces Departure

Mark Wiedman, a key executive at BlackRock and potential successor to CEO Larry Fink, is leaving the firm. His departure, reported by the Financial Times, raises questions about Bl...